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10. “If you let us merge with Time Warner Cable, your bill will go down.”
Nope. In a rare display of candor, Comcast Executive VP David Cohen told reporters that customers aren’t likely to pay less if this merger goes through. “We're certainly not promising that customer bills are going to go down or even increase less rapidly” as a result of the merger, Cohen said. So what exactly does Comcast mean when it says the merger will produce cost-savings to customers?
So what exactly does Comcast mean when it says the merger will produce cost-savings to customers?